The pair Bitcoin/Tether (BTC/USDT) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 74604 is considered certain.
Caution: A possible change in the direction of the resistance zone at 90600 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97924.49 |
| 2nd High | 91224.99 |
| Next High | 90600 |
| Current Price | 70756.850000000 |
| Next Low | 74604 |
| 2nd Low | |
| 3rd Low |
90600 – 91224.99 – 97924.49 – 74604 – 87035.51 – 87263.53 —
78134.530000000 – 74144.000000000 —
26.306017368226 – 26.755206043816 —
– —
90600 – 1769616000
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Three Black Crows – – –